2nd Largest IT Giant Expands Partnership With DNB Bank For AI-Led FinCrime Transformation

On Wednesday, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 1.01 per cent to 23,246.70. Despite a strong recovery in information technology stocks in recent months, Infosys' share price came under selling pressure and traded at Rs 1,220, down 3.99 per cent from the previous close. The decline comes after the stock had rallied nearly 15 per cent from its 52-week low, mirroring the broader rebound in the IT index and frontline technology stocks. Meanwhile, Infosys announced the expansion of its strategic collaboration with DNB Bank ASA, Norway’s largest bank, to modernise the bank’s financial crime operations.

Infosys Expands Engagement With DNB Bank

On June 2, 2026, Infosys announced an expanded strategic collaboration with DNB Bank ASA to transform the bank’s Financial Crime (FinCrime) operations by implementing the NICE Actimize X-Sight Enterprise platform.

As part of the engagement, Infosys will serve as the systems integration partner and lead the end-to-end modernisation of DNB’s financial crime technology landscape. The programme aims to replace fragmented legacy systems with a unified, intelligence-driven, cloud-native platform designed to strengthen risk management, improve detection capabilities, and support regulatory compliance across multiple jurisdictions.

Unified Platform For Financial Crime Monitoring

The scope of the programme includes enterprise architecture design, platform integration, and data migration. DNB plans to consolidate key functions, including customer screening, payment screening, customer due diligence, transaction monitoring, and fraud monitoring, onto a single software-as-a-service platform.

Infosys will implement NICE Actimize’s X-Sight Enterprise platform, integrating anti-money laundering and fraud detection capabilities to provide a consolidated view of customer risk. The platform is designed to support secure data integration, advanced analytics, intelligent automation, and enterprise-wide case management.

According to the company, the initiative will improve detection accuracy, strengthen monitoring capabilities, and help identify increasingly complex financial crime patterns.

AI-Driven Automation And Investigation Capabilities

The modernisation programme will incorporate artificial intelligence-driven capabilities to enhance automation and operational efficiency. Infosys stated that the platform will support intelligent orchestration and AI-assisted investigations, enabling investigators to process alerts and cases more effectively.

The system is expected to accelerate investigations through actionable insights while improving DNB's ability to respond to evolving regulatory requirements and compliance obligations.

Management Commentary

Elin Sandnes, COO and Group Executive Vice President, Technology & Services at DNB, said that protecting customers and maintaining the integrity of the financial system requires continuous enhancement of detection and investigation capabilities. She added that the collaboration with Infosys and the deployment of NICE Actimize’s X-Sight Enterprise platform will strengthen the bank’s ability to detect, investigate, and prevent financial crime while supporting its broader digital transformation objectives.

Craig Costigan, Chief Executive Officer of NICE Actimize, stated that financial institutions globally are increasingly adopting intelligent cloud-native technologies to combat evolving financial crime risks. He said the platform’s AI-driven capabilities will help DNB improve protection against fraud and financial crime while enhancing operational efficiency.

Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys, said that the programme will help DNB transition from fragmented controls to a unified intelligence-led operating model. He added that the initiative reinforces Infosys’ role as the strategic system integration and transformation lead while enabling the bank to unlock AI-driven value across monitoring, detection, and investigations.

About Infosys

Infosys Ltd is a global digital services and consulting company that provides business consulting, information technology, engineering, and outsourcing services to clients across industries. The company operates in more than 50 countries and serves enterprises across banking, financial services, manufacturing, retail, telecommunications, healthcare, and other sectors.

Infosys focuses on cloud transformation, artificial intelligence, cybersecurity, digital engineering, data analytics, and enterprise modernization solutions. The company is one of India's largest IT services exporters and a constituent of major domestic and global stock market indices.

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Disclaimer: The article is for informational purposes only and not investment advice.